NOT LISTED FOR SALE

5615 Summer Side Ln Unit 47B Sarasota, FL 34231

Estimated Value: $216,000 - $229,119

2 Beds
2 Baths
1,125 Sq Ft
$398/mo HOA Fee

Last Sold September 03, 2024

Last sale price $267,000 $237 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,740/month

56 Days on Market

Highlights

  • 6.37 Acre Lot
  • Vaulted Ceiling
  • Balcony
  • Riverview High School Rated A
  • Community Pool
  • Laundry Room

About This Home

As of September 2024

Discover a Meticulously Updated Second-Floor Condo Located just 2.5 miles from Siesta Key. This 2-bedroom, 2-bath condo offers abundant natural light, granite kitchen counters, and stainless steel appliances. The living room features an elegantly elevated ceiling, whole-floor tile(great for pets), and a spacious layout extending to a large balcony, perfect for relaxation. The condo boasts brand new texture and paint, a new HVAC system and condenser installed in 2023, newer faucets and light fixtures, updated vanities, and more. The master suite includes an ample walk-in closet, walk-in shower, and double vanity, while the versatile second bedroom can serve as an office or guest room and is complete with a full bath featuring a tub/shower combo. Additional conveniences include roomy in-unit laundry, assigned parking, and an updated community pool. The property also features concrete floors and block walls between units, providing excellent soundproof insulation between neighboring units. Perfectly located just minutes from the beach, shopping, and dining options, this condo is not only a great place to live but also an excellent investment rental opportunity that may enhance its future resale value. One or more photos have been Virtually Staged. Rental investment projection: Long-term, unfurnished $2000- $2350 per month; Short term /monthly rental, fully furnished, $5200-5750 during high season, $2750-3250 per month in low season.

Last Agent to Sell the Property

William Ol

OHL LLC Brokerage Phone: 941-445-1841 License #3373030 Listed on: 05/29/2024

Last Buyer's Agent

Cindy Lockhart

YOUR HOME SOLD GUARANTEED REAL License #3311922

YOUR HOME SOLD GUARANTEED REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1984

Lot Details

  • 6.37

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • Covered Parking
  • Guest Parking
  • Open Parking

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, insurance, ground maintenance, pest control, private road
  • Caitlin King Association
  • Visit Association Website
  • Summerside Community
  • Summerside Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,241

Year Built

Built in 1984

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Grounds, Pest Control, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Vinyl Siding, Wood Siding
  • Fireplace: No
  • Living Area: 1125
  • Lot Size Acres: 6.37
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1233
  • Lot Size Sq Ft: 277374
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Stickney Point Rd #200A
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 237.33
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_InLawSuiteDescription: No Private Entrance
  • Attribution Contact: 941-445-1841
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.52

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0144F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Covered, Guest, Open

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Irrigation-Reclaimed Water, Pool
  • Association Fee: 398
  • Association Fee Frequency: Monthly
  • Association Name: Caitlin King
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Association Email: caitlin@pinnaclecam.com
  • Association URL: www.pinnaclecam.com

Fee Information

  • Total Annual Fees: 4776.00
  • Total Monthly Fees: 398.00
  • Monthly HOA Amount: 398.00

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0088101080
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum as per county restriction. No association restriction.

Tax Info

  • Tax Annual Amount: 2241
  • Tax Book Number: 16-35
  • Tax Lot: 47B

Multi Family

  • Approval Process: clarify with property management company

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 3, 2024
Sold by
Luna Sunny Inc
Bought by
Fratto Patrick Trey and Fratto Ana C
Seller's Agent
William Ol
OHL LLC
Buyer's Agent
Cindy Lockhart
YOUR HOME SOLD GUARANTEED REAL
List Price
$273,000
Sold Price
$267,000
Premium/Discount to List
-$6,000
-2.2%
Views
21
Current Estimated Value
$220,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,720
Avg. Annual Appreciation
-15.40%
Original Mortgage
$213,600
Outstanding Balance
$211,337
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$8,943

Purchase Details

Closed on
Mar 21, 2024
Sold by
Choukour Moutaz M and Choukour Thana
Bought by
Luna Sunny Inc

Purchase Details

Closed on
Nov 19, 2009
Sold by
Choukour Moutaz
Bought by
Choukour Moutaz and Choukour Thana

Purchase Details

Closed on
Apr 30, 2009
Sold by
Federal National Mortgage Association
Bought by
Choukour Moutaz

Purchase Details

Closed on
Jul 1, 2008
Sold by
Neurohr Richard J and Neurohr Philip Portera
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Sep 23, 2005
Sold by
Portera V Philip and Portera Shelly
Bought by
Neurohr Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
5.72%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fratto Patrick Trey $267,000 None Listed On Document
Luna Sunny Inc $207,500 King Title
Choukour Moutaz -- None Available
Choukour Moutaz $27,500 Attorney
Saxon Mortgage Services Inc -- None Available
Neurohr Richard J $140,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fratto Patrick Trey $213,600
Previous Owner Neurohr Richard J $14,000
Previous Owner Neurohr Richard J $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $267,000 -2.2% $237 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $272,900 0.0% $243 / Sq Ft
06/11/2024 06/11/24 Price Changed $273,000 0.0% $243 / Sq Ft
06/11/2024 06/11/24 For Sale $273,000 +18.7% $243 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $230,000 -- $204 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,241 $128,676 -- --
2023 $2,241 $185,600 $0 $185,600
2022 $2,015 $159,400 $0 $159,400
2021 $1,676 $110,900 $0 $110,900
2020 $1,545 $96,900 $0 $96,900
2019 $1,489 $100,100 $0 $100,100
2018 $1,392 $94,900 $0 $94,900
2017 $1,377 $66,031 $0 $0
2016 $1,282 $82,200 $0 $82,200
2015 $1,202 $72,200 $0 $72,200
2014 $1,063 $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    William Ol

    OHL LLC

    (941) 445-1841

    6 in this area

    23 Total Sales

    William Ol
    Section Image
  • Cindy Lockhart

    Buyer's Agent in 2024

    Cindy Lockhart

    YOUR HOME SOLD GUARANTEED REAL

    (941) 961-8880

    2 in this area

    62 Total Sales

    Cindy Lockhart
    Section Image
  • Anthony Lockhart

    Buyer Co-Listing Agent in 2024

    Anthony Lockhart

    YOUR HOME SOLD GUARANTEED REAL

    (941) 223-9255

    1 in this area

    3 Total Sales

    Anthony Lockhart
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4612121

Stellar MLS

APN: 0088-10-1080

Florida Sarasota County Sarasota 34231

5615 Summer Side Ln Unit 47B, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes